is run by the Australian
Securities and Investments Commission (ASIC) to help
people make the most of their money.
Who is MoneySmart for?
ASIC's MoneySmart website is for all Australians - young or old,
rich or poor, investing or paying off debt.
We offer free, independent guidance so you can make most of
your money. We are not selling you anything.
And when life puts your finances under stress, MoneySmart is
here to help you ride the storm. We have smart tips on
dealing with the ups and downs of life: losing your
job, having a baby, divorce or separation, buying a
home, losing your partner and many
We even have a whole section of MoneySmart just for teachers.
Have a look at MoneySmart Teaching.
Since July 2008, ASIC has been the government agency with
overall responsibility for financial literacy. The
MoneySmart website is one of the key initiatives in the National Financial
Video: Miles Larbey explains how MoneySmart can help you
Miles Larby explains how MoneySmart can help
ASIC's Miles Larbey explains to Sam Henderson from the Sky TV
program 'Your Money Your Call', how MoneySmart can help people
better manage their money.
ASIC's MoneySmart team
ASIC's MoneySmart is put together by an experienced team
of financial planners, consumer educators and teachers.
Some team members have been involved in financial services for
over 20 years. We have seen where things can go wrong and can help
you avoid potential disasters.
We see things from your point of view. Our team includes young
guns under the age of 30 and old hands over 50. We have first home
buyers, parents with young kids, experienced DIY investors and
people who are successfully planning their retirement.
We add to our knowledge by consulting a wide range of
external experts in industry, government and the community. We also
use consumer research to guide our information.
How we work
ASIC's MoneySmart website helps ordinary Australians
take steps to improve their personal finances. We provide you with
independent information so you can be better informed in making
decisions. We help you take action on matters that will make a
difference to your life. However, you should consider
getting financial advice before you make major
We regularly review and update our content and invite you to
give us feedback.
Social media and newsletters
Keep up to date with the latest smart money tips by:
ASIC's MoneySmart has a section of the website just for
teachers and parents. MoneySmart Teaching is a comprehensive
strategy to develop consumer and financial literacy capabilities
in young Australians.
Being MoneySmart is a core life skill. In a rapidly
changing world of personal finances, children and young people need
knowledge and understanding to establish good consumer and
financial habits. Find out more about MoneySmart Teaching.
The teaching section of MoneySmart contains:
development - Workshops, online learning and resources to
build teacher capability
resources - Units of work and digital activities aligned
to the Australian Curriculum
- MoneySmart Schools - A program
to recognise and support schools who are implementing consumer and
ASIC has been active in financial literacy for many years.
ASIC's previous consumer websites were FIDO and Understanding
FIDO was a great source of financial information for almost a
decade. Understanding Money was an innovative website with simple
steps and basic calculators to help people sort out their money.
These websites were replaced by MoneySmart in March 2011.
MoneySmart combines the best of these two websites and we've added
Find out how MoneySmart has developed over the years on these
ASIC's regulatory role
ASIC is the corporate, markets and financial services and
consumer credit regulator. For more information about ASIC's role
as a regulator, go to the ASIC website.
ASIC's regulatory role includes helping consumers and investors
protect themselves against unfair or illegal conduct in
financial services and consumer credit. Visit our how
to complain webpage for information on banking,
credit or investment complaints.
Last updated: 31 Mar 2015
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